BELLATRIX EXPLORATION LTD., as Company, and U.S. BANK NATIONAL ASSOCIATION, as Trustee and Collateral Agent INDENTURE dated as of [ ], 2019 U.S.$[ ]1 9.5% Third Lien PIK Toggle Notes due 2023Indenture • May 31st, 2019 • Bellatrix Exploration Ltd. • Crude petroleum & natural gas • New York
Contract Type FiledMay 31st, 2019 Company Industry JurisdictionTHIS INDENTURE (this “Indenture”), dated as of [ ], 2019, is between BELLATRIX EXPLORATION LTD., a corporation duly organized and existing under the federal laws of Canada (herein called the “Company”), having its principal office in Suite 1920, 800 - 5th Avenue S.W., Calgary, Alberta, T2P 3T6, and U.S. BANK NATIONAL ASSOCIATION, not in its individual capacity, but solely as Trustee (in such capacity, herein called the “Trustee”) and as Collateral Agent (in such capacity, herein called the “Collateral Agent”).